Africa: AIM Signs MOUs With Indonesian Companies, Gears Up for Dubai Meeting in 2023

22 November 2022
The Exchange Africa

Since its inception, the Annual Investment Meeting has established itself as a leading investment platform in the Middle East.

The Annual Investment Meeting (AIM) signed memorandums of understanding with organisations and companies in Indonesia on the sidelines of the B20 Summit, which was held on November 13-14, 2022, in Bali, Indonesia.

It should be noted that the Business 20 (B20) is a platform emerging from the G20, which is concerned with communicating with the global business community. The Business 20 (B20) was established in 2010 to develop the necessary policy recommendations on previously identified topics and submit them to the G20 Presidency during the Summit.

Dawood Al Shezawi, Chairman of the Organizing Committee of the Annual Investment Meeting, signed a memorandum of understanding with the Indonesian Chamber of Commerce and Industry KADIN, represented by the Chairman, M. Arasjad Rasjid P.M., to bring in business owners and investors and help organise joint programmes between the UAE and Indonesia, including the AIM - the Asian version - in Indonesia in November 2023.

A Memorandum of Understanding on Attracting Talent, Innovative Entrepreneurs, and Final Year Students (Future Soft Power) to Participate in the Activities of the Annual Investment Meeting, as well as Contributing to the Preparation of Coordination, was also signed by Walid A. Farghal, Director General of the AIM, and the Association of Indonesian Private Universities, represented by National Vice Chairman of International Relations, George Iwan Marantika.

The director general of the Annual Investment Meeting, Walid A. Farghal, also signed a third memorandum of understanding with the ASEAN-Business Advisory Council regarding luring the top startups from the startup qualifiers to the ASEAN Advisory Council summit conference and luring investment portfolios from ASEAN to the AIM.

The fourth Memorandum of Understanding was also signed by Walid A. Farghal, Director General of the Annual Investment Meeting, and the Chairman of the Global Indonesia Professionals' Association (GIPA), Steven Marcelino (Businessmen Outside Indonesia), in an attempt to attract them to the Annual Investment Forum. Chairman of the Board of Directors Stephen Marcelino signed the contract on behalf of the Indonesian organisation.

The fourth Memorandum of Understanding was also signed by the Director General of the Annual Investment Meeting, Walid A. Farghal, and the Chairman of the Global Indonesia Professionals' Association (GIPA), Steven Marcelino, to encourage them to attend the AIM (Businessmen Outside Indonesia).

Describing the signing of the five memorandums of understanding, Dawood Al Shezawi, Chairman of the Organizing Committee of the AIM, stated that the MOUs come in the context of the ongoing efforts made by the Annual Investment Meeting to implement that strategic plan into real-world results that will encourage direct and indirect investment and drive sustainable development.

The Annual Investment Meeting (AIM) is an initiative of the AIM Foundation, an independent international organization fully committed to empowering the world's economy by boosting effective promotion strategies and facilitating opportunities for economic productivity and expansion.

The Foundation also undertakes the operation and management of the AIM Global Investment Network and its 15 affiliated Business Groups, including the supervision of the AIM Global and Regional Chapters. Since its inception, the Annual Investment Meeting has established itself as a leading investment platform in the Middle East, which aspires to ignite positive transformation by creating investment opportunities, upholding solidarity and developing economic relations among nations, as well as addressing the global ordeals that will make a profound impact on economic growth.

Every edition of the Annual Investment Meeting is an opportune event to address the fundamental challenges that nations are being confronted with on their journey to achieving development and to discuss investment trends and strategies that can be utilized to maximize the potential of every business, country and region to consequently fuel economic diversification.

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